Saturday, February 2, 2008

Wealthy non-doms ‘look to leave UK’

Wealthy non-doms ‘look to leave UK’

By Vanessa Houlder

Published: February 1 2008 19:49 | Last updated: February 1 2008 19:49

More than half of the wealthiest people in Britain are planning to leave or scale back their UK investments in response to the tax crackdown on “non-domiciled” foreigners, according to a survey.

Switzerland has emerged as by far the most popular destination for wealthy individuals leaving Britain, according to the poll of advisers representing about 22,000 non-domiciled clients.

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